PLTY vs. YMAG
Compare and contrast key facts about YieldMax PLTR Option Income Strategy ETF (PLTY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG).
PLTY and YMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTY is an actively managed fund by YieldMax. It was launched on Oct 7, 2024. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTY or YMAG.
Correlation
The correlation between PLTY and YMAG is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PLTY vs. YMAG - Performance Comparison
Key characteristics
PLTY:
63.43%
YMAG:
19.05%
PLTY:
-17.89%
YMAG:
-14.27%
PLTY:
-16.76%
YMAG:
-6.20%
Returns By Period
In the year-to-date period, PLTY achieves a 23.03% return, which is significantly higher than YMAG's -1.99% return.
PLTY
23.03%
22.69%
N/A
N/A
N/A
N/A
YMAG
-1.99%
-3.68%
12.63%
25.95%
N/A
N/A
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PLTY vs. YMAG - Expense Ratio Comparison
PLTY has a 0.99% expense ratio, which is lower than YMAG's 1.28% expense ratio.
Risk-Adjusted Performance
PLTY vs. YMAG — Risk-Adjusted Performance Rank
PLTY
YMAG
PLTY vs. YMAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PLTY vs. YMAG - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 15.35%, less than YMAG's 42.52% yield.
TTM | 2024 | |
---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | 15.35% | 7.85% |
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 42.52% | 35.22% |
Drawdowns
PLTY vs. YMAG - Drawdown Comparison
The maximum PLTY drawdown since its inception was -17.89%, which is greater than YMAG's maximum drawdown of -14.27%. Use the drawdown chart below to compare losses from any high point for PLTY and YMAG. For additional features, visit the drawdowns tool.
Volatility
PLTY vs. YMAG - Volatility Comparison
YieldMax PLTR Option Income Strategy ETF (PLTY) has a higher volatility of 25.37% compared to YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) at 5.26%. This indicates that PLTY's price experiences larger fluctuations and is considered to be riskier than YMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.